Global trends and national goals: Russia approaches a new model of economic growth

This paper deals with global trends and their influence on Russian economic and social performance. A new economic crisis is looming, and the lack of institutional reforms, which were put on the agenda by the crisis of 2008–2009, is a source of current concern. In 2018 Russian auth...

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Bibliographic Details
Main Author: Vladimir A. Mau
Format: Article
Language:English
Published: Voprosy Ekonomiki 2019-04-01
Series:Russian Journal of Economics
Online Access:https://rujec.org/article/35234/download/pdf/
Description
Summary:This paper deals with global trends and their influence on Russian economic and social performance. A new economic crisis is looming, and the lack of institutional reforms, which were put on the agenda by the crisis of 2008–2009, is a source of current concern. In 2018 Russian authorities announced a set of national goals and projects as the central point of social and economic policy for 2018–2024. The new economic growth policy includes the shift from the demand-side growth model to the supply-side one, broad implementation of project methods in economic policy, and continuation of conservative fiscal and monetary policy.
ISSN:2618-7213
2405-4739